Murar Foundation Inc

Organization Overview

Murar Foundation Inc is located in Linville, NC. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Murar Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Murar Foundation Inc generated $396.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $575.4k during the year ending 12/2021. While expenses have increased by 3.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Murar Foundation Inc has awarded 93 individual grants totaling $2,864,025. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $188,248
Net Rental Income$0
Net Gain on Sale of Assets $207,875
Capital Gain Net Income $215,474
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $396,123

Grants Awarded

Over the last fiscal year, Murar Foundation Inc has awarded $494,000 in support to 10 organizations.

Grant RecipientAmount

ASU FOUNDATION INC

PURPOSE: ENDOWMENT PROMOTING CLASSICAL MUSIC AT THE SUMMER FESTIVAL.

$314,000

APPALACHAIAN THEATRE OF THE HIGH COUNTRY

Org PageRecipient Profile

Boone, NC

PURPOSE: RESTORATION OF THE OLD APPALACHIAN THEATER IN BOONE, NC

$55,000

AUSTIN OPERA

PURPOSE: PERFORMANCE AND EDUCATION OF OPERA TO THE CITY OF AUSTIN.

$50,000

TEMPLE OF THE HIGH COUNTRY

Org PageRecipient Profile

Boone, NC

PURPOSE: RELIGIOUS INSTITUTION SERVING THE HIGH COUNTRY OF NORTH CAROLINA

$20,000

AVERY COUNTY HUMANE SOCIETY

Org PageRecipient Profile

Newland, NC

PURPOSE: ANIMAL SHELTER AND CARE

$10,000

LEES-MCRAE COLLEGE

PURPOSE: UNDERGRADUATE FOUR YEAR COLLEGE SERVING THE HIGH COUNTRY OF NORTH CAROLINA

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Murar Foundation Inc has recieved totaling $0.

Awarding OrganizationAmount
Appalachian Regional Healthcare Foundation

Boone, NC

PURPOSE: OPERATIONAL SUPPORT

$0
View Grant Recipient Profile

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